TWTR forming a bullish pennat. Might fly after crosing the EMAs
Updated
Need to wait for confirmation. The stock is below 20-50-100 d emas for now but is getting squeezed more and more
Comment
Fighting but failing to defeat the trendline for now. Looks like folks are waiting for earningsComment
Got rejected from the trendline.Stoploss: 59.5
Trade closed: stop reached
Stoploss reached with heavy volumes post earnings. Short is bearish short term as it is convincingly below all EMAs (depending on today's reaction ofc). 56 level is a good support to work with, followed by 53 and 49. Will look for reaction from these levelsDisclaimer
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